The London Fund has reached a second close, securing GBP45 million (US$62 million) investment from the London Borough of Haringey Pension Fund. 

With this investment, the fund has total committed assets of GBP195 million (US$268.68 million), following GBP150 million (US$206.67 million) from the London Pensions Fund Authority. Launched in 2020, the fund is a partnership between London CIV and Local Pensions Partnership Investments. The target size of the fund is GBP300 million (US$413.35 million).

The London Fund is focused on investments in residential property assets such as build-to-rent and affordable housing, community regeneration projects and in infrastructure including digital infrastructure and clean energy. The geography focus is the City of London, the 31 London Boroughs and their immediate surroundings. The aim is to create a double bottom line by providing investors with sustainable long-term risk-adjusted returns and generating positive social and environmental outcomes for local residents.